Neurostimulation Field Draw Investor Attention
Investors are increasingly drawn to researchers and manufacturers of neurostimulation devices, according to a Crain's Cleveland report.
The Northeast Ohio region has added at least six neurostimulation companies since 2005, and two have sold for a combined $120 million. Case Western Reserve University is also housing two budding startups.
Just last week, Neuros Medical in Willoughby received a $3.5 million investment from Boston Scientific. Neuros is currently testing and developing an electrical stimulation system to treat chronic pain.
Related Articles on Pain Management:
12 Recent Pain Specialist Appointments and AccomplishmentsUniversity of Texas Professor Receives $1.3M Pain Research Grant
Johnson & Johnson Recalls Duragesic Pain Patches
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